Google Inc. Acquires TxVia Mobile Payment Service

Today it became known that the quite popular and well-known mobile payment platform TxVia was purchased by Google. TxVia has been working in the field of mobile payments for more than five years, and this company has quite a lot of customers. Of course, Google could not get past such a tasty morsel. TxVia was purchased in order to become part of the growing mobile payment service Google Wallet.

According to Google representatives, the technology purchased is one of the best in the world, and it can be the factor that will make Google Wallet a popular and popular service. Back in 2008, the TxVia platform worked with tens of millions of accounts in different payment systems. Google had been working with TxVia for quite a long time before purchasing the platform, as part of the Google Wallet project. Well, now the management of "Corporation of Good" has decided to purchase a service.
')
Of course, millions of user accounts of the purchased platform will serve as a good application to the technology itself. Buying TxVia means automatically increasing the number of Google Wallet users. It may well be that this purchase will provoke the rapid growth of Google Wallet, both in quantitative and qualitative terms. The Google Wallet service itself is not developing fast enough yet, so the project team decided to use additional trumps.

While the opportunity to work with Google Wallet exists mainly in the United States, where there are payment terminals MasterCard PayPass. These terminals are compatible with NFC technology, so the user has the opportunity to pay for a product or service by simply bringing the smartphone to the appropriate terminal. Well, the technologies developed by TxVia experts are likely to expand the capabilities of Google Wallet.

Via pcworld